Friday, February 4, 2022

UK's CMA fines Meta £1.5M during its Giphy probe, saying it failed to inform the CMA of key US staff leaving, a breach of its merger investigation rules (Bloomberg)

Bloomberg:
UK's CMA fines Meta £1.5M during its Giphy probe, saying it failed to inform the CMA of key US staff leaving, a breach of its merger investigation rules  —  Meta Inc. was fined 1.5 million pounds ($2 million) from the U.K.'s competition regulator for breaching an enforcement order during …



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Sources: the US office responsible for the $52B CHIPS Act will lose ~40% of its staff, including ~40 who are probationary, as Trump cuts the federal workforce (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg : Sources: the US office responsible for the $52B CHIPS Act will lose ~40% of its staff, including ~40 who ...